The estimated project cost is INR 20,00,000. Bidders must submit their financial bid based on the percentage rate for the scope of work. Payment will be made in installments linked to project milestones, including site mobilization, mid-term completion, and final acceptance. The financial proposal should be inclusive of all taxes, duties, and levies. Bidders are advised to prepare a detailed cost breakdown, including material, labor, transportation, and overheads.
| Cost Component |
Estimated Cost (INR) |
| Material |
40% |
| Labor |
30% |
| Equipment & Transport |
15% |
| Miscellaneous |
15% |
Payment Schedule:
- 10% advance on contract signing.
- 40% on completion of 50% of work.
- 50% after final inspection and approval.
All financial transactions will be subject to compliance with applicable tax laws and departmental policies.